Femtech companies are female-led startups and scaleups that build digital services and software to improve women’s health. Female tech entrepreneurs are building innovative technology to bridge the gap in health services provided to support women – across areas such as menopause, pregnancy, and postpartum. They form a significant proportion of female-led startups, but they aren’t the whole story.
Of course, there is a big gap in funding between male-founded and female-founded companies. In a Forbes article, Sylvia Kang, the co-founder and CEO of Mira, references average statistics showing on average that female founders raise $4.6 million, while male founders raise $9.2 million.
Despite this, women in tech are unwavering, and they continue to make their mark in the industry. Lindsey Taylor Wood, CEO of The Helm and an early-stage venture firm, cites female founders as producing 35% more ROI and 12% more revenue in their startups compared to male founders.
Femtech received $1.4B in 120 deals in 2023. According to Femtech World, the industry is expected to be valued at up to $1.186 trillion by 2027.
And we see this happening now. Here are some female-led businesses that are reimagining tech and have gained awards or recognitions recently.
Top 9 Female-Led Tech Companies
Female Tech Entrepreneurs in Femtech
Maven Clinic
Maven Clinic is a digital care clinic that assists mothers and their families during pregnancy and postpartum. They aim to provide clinical, financial, and emotional support to patients in the journey of building their families. CEO Kate Ryder got the business idea after seeing her friends struggle to find support when on this path.
Highlights/Awards:
- Closed a $125 million series F funding round in 2024
- Kate Ryder, The New Era of Leadership 2024 Awards: Top 50 Executives Winner
- Top 4: Fortune’s 2024 Change the World
Joylux
Founded by female tech entrepreneur Colette Courtion, Joylux focuses on creating products for women’s health in the menopausal stage. Despite facing multiple roadblocks in tackling intimate topics to highlight the product’s benefits, the company managed to become a pioneer in the field and has raised $26.3M in funding.
Highlights/Awards:
- FINALIST: 2024 Sexual Wellness Awards for Menopause Wellness
- Partner with Halle Berry
- Landed $4.5M in recent capital raise
Elektra Health
Alessandra Henderson, co-founder and CEO, created Elektra Health to help women in the perimenopause and menopause stages. It provides access to online consultation, self-care resources, wellness plans, and virtual community events.
Highlights/Awards:
- Landed Seed $3.3M seed funding in 2024
Diana Health
Co-founded by Kate Condliffe, Diana Health aims to improve maternal care. The company follows the midwifery model principle: to provide high-quality and affordable care to female patients who have limited pre- and post-partum care resources. With their mobile app and virtual visits, patients can access these benefits from the comfort of their homes.
Highlights/Awards:
- 94% search growth in 5 years
Female Tech Entrepreneurs In CreativeTech
Canva
Female tech entrepreneur Melanie Perkins co-founded Canva in 2013. Today, she is also the CEO of the innovative design platform. What made Canva revolutionary? It makes designing easier, faster, and accessible. It started as a small company to focus on small-scale businesses. But today, millions of companies are also using their product across 190 countries.
Highlights/Awards:
- 2024 Stevie® Awards for Sales & Customer Service
- Fast Company Best Workplaces for Innovators 2024: Art and design
Female Tech Entrepreneurs In ClimateTech
Genuine Taste
Co-founded by female tech entrepreneur Emily Farrar, Genuine Taste is a student-led Agtech start-up that cultivates beef fat to improve the taste and nutrition of alternative meat. The goal of the company is to provide a more savoury taste to meat alternatives and reduce the environmental footprint in the meat industry.
Highlights/Awards:
- 2024 Invest Together in Climate Innovation: Top Venture and People’s Choice Awards
Erthos™
Founded by female tech entrepreneurs Kritika Tyagi and Nuha Siddiqui, Erthos started as a research project. Now, the climate tech start-up produces alternative plastic using AI. Their goal is to provide sustainable packaging for leading brands.
Highlights/Awards:
- 2024 Governor General’s Innovation Award
Eco.mio
This SaaS start-up is led and co-founded by Katharina Riederer. Eco.mio aims to lead companies in reaching their climate initiatives and decarbonizing business travel. This results in building a sustainable travel mindset and reducing travel costs.
Highlights/Awards:
- Reduced business travel CO2 emissions by 26%
- Landed an undisclosed seven-figure seed funding round for expansion
- The Business Travel People’s Award Nominee: Sustainability Champion
Female-Led Start-Ups Continue to Take the Lead
We’re witnessing a powerful resurgence in innovative tech, and these start-ups are paving the way to raise more female tech entrepreneurs. We see that female startups are often tied to innovation and social responsibility.
We hope that the present small percentage of female entrepreneurs in tech doesn’t discourage but rather inspires more women to share their creativity and innovation with the world and create more meaningful solutions in 2025.
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